Community development and housing news: April 26, 2021
HUD posted an updated version of the HCV Two-Year Projection Tool, HUD Multifamily announced the third notice of CARES Act Supplemental Operating Funds, and HUD removed onerous restrictions that limited Puerto Rico's access to Disaster Relief Funds.
HUD posted an updated version of the HCV Two-Year Projection Tool
The Two-Year Tool (TYT) helps analyze a PHA's utilization situation so agencies are more informed to optimize over a multi-year period. Read more
HUD Multifamily announced the third notice of CARES Act Supplemental Operating Funds for Section 8, Section 202, and Section 811
On April 13, 2021, HUD's Office of Multifamily Housing Programs posted Notice H 2021-01 which announced the continued availability of “COVID-19 Supplemental Payments” (CSP) for Section 8, Section 202, and Section 811 properties. Read more
HUD removed onerous restrictions that impacted Puerto Rico's access to Disaster Relief Funds
On April 19, 2021, HUD announced the obligation of $8.2 billion in Community Development Block Grant Mitigation (CDBG-MIT) funds for Puerto Rico along with the removal of onerous restrictions that limited access to CDBG-DR recovery funds. Read more
HUD Exchange posted two updated reports
The latest versions of the Community Development Block Grant Disaster Recovery (CDBG-DR) monthly performance reports and HOME Program reports are now posted.
Latest HUD awards
- $13.7 million to PHAs for emergency safety and security improvements
- Over $90 million in grant awards to 24 Tribes and Tribally Designated Housing Entities (TDHEs) to support new housing construction, housing rehabilitation, and critical infrastructure projects
- $41 million in Housing Opportunities for Persons with AIDS (HOPWA)
- $1.5 million to improve the main street in three communities